Bitcoins Potential Impact on the Global Gaming Industry #bitcoin

Among the discussions Ver and Voorhees conducted at the Social Gaming Asia Summit was with one of Macau’s leading junket operators. While declining to identify the operator by name, Ver told GamblingCompliance that he and Voorhees had “spent the whole day” discussing Bitcoin’s potential with the company, which was “in the early process of setting it up so that all their customers can exchange to and from Bitcoins with the local currency in nine of the major casinos in Macau, including the Wynn, the Venetian and the MGM Grand .” Tellingly, this discussion occurred just as Beijing began making noises about staunching the flow of money from mainland China to Macau via VIP junkets.